The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.

The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.

New York Fed to Post Agenda and Minutes from External Committee Meetings

January 5, 2012

NEW YORK – The Federal Reserve Bank of New York, in its ongoing efforts to increase transparency, will begin releasing the agendas, minutes and charters of its external committees on a go-forward basis. These committees, which include advisory and sponsored groups, meet at different times during the year and materials will be posted on the Bank’s website as meetings occur.

The New York Fed meets regularly with small business leaders, community bankers, financial market participants, economists and others through external committees and outreach programs to obtain essential perspectives on the economy from both Main Street and Wall Street. These interactions help the New York Fed to provide timely information to the Federal Reserve System and to support the formulation and implementation of monetary policy effectively. In the case of the sponsored groups, the New York Fed also helps facilitate the development and adoption of industry best practices designed to strengthen and improve the efficiency of the financial system as a whole.

In all of these interactions, the New York Fed takes great care to frame the discussions around issues and topics that are public and takes participants' comments and insights on their merits.

Advisory groups include:

Advisory Council on Small Business and Agriculture

Community Affairs Advisory Council

Economic Advisory Panel

Financial Advisory Roundtable

Investor Advisory Committee on Financial Markets

Monetary Policy Advisory Panel

Upstate New York Regional Advisory Board

Sponsored groups include:

Foreign Exchange Committee

Payments Risk Committee

Treasury Market Practices Group

Financial Markets Lawyers Group

Buyside General Counsel Committee

Meeting agendas will be published at the same time they are sent to committee participants. The minutes will be posted within 30 days after each meeting. Membership for each group is already available on the New York Fed’s website.